Markets › JSW Steel › OBV bullish divergence
Indian stock market · indicator signal
OBV bullish divergence on JSW Steel
On JSW Steel the obv bullish divergence showed up 28 times. The target came first 39% of the time, the stop 57%, and 4% went nowhere within 12 candles.
Counted on JSW Steel: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 7 | 14% | 86% | 0% |
| Hourly | 21 | 48% | 48% | 5% |
JSW Steel against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| JSW Steel | 28 | 39% | 57% | 4% |
| All Indian stock market charts | 1,295 | 42% | 53% | 5% |
| Every market | 8,280 | 36% | 55% | 9% |
The last 8 times
- 8 Jul 2026, 10:15 IST · hourly · stop first after 2 candles
- 19 Jun 2026, 15:15 IST · hourly · stop first after 1 candle
- 18 Jun 2026 · daily · stop first after 1 candle
- 6 May 2026, 11:15 IST · hourly · target first after 3 candles
- 30 Apr 2026, 13:15 IST · hourly · target first after 3 candles
- 24 Apr 2026, 15:15 IST · hourly · target first after 1 candle
- 16 Feb 2026, 09:15 IST · hourly · target first after 5 candles
- 12 Jan 2026, 12:15 IST · hourly · target first after 4 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the obv bullish divergence is
Price made a lower low, but volume flow made a higher low. Sellers were running out of force.
Imagine a tug of war where one team pulls the rope lower, but fewer and fewer people are pulling with them. OBV counts how much trading pushes price up versus down. A bullish divergence is when price makes a lower low, but OBV does not follow it down.
The full obv bullish divergence lesson, video and quiz ›
Other patterns on JSW Steel
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The obv bullish divergence elsewhere
Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · Vedanta · Bajaj Finance · Grasim · Bajaj Finserv · Sony · Ethereum · Bitcoin
Questions
How often does the obv bullish divergence work on JSW Steel?
In 28 cases on JSW Steel, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 57%; 4% went nowhere within 12 candles.
What is the obv bullish divergence?
Price made a lower low, but volume flow made a higher low. Sellers were running out of force.